Ariz. Admin. Code § 2-13-201
Current through Register Vol. 30, No. 45, November 8, 2024
Section R2-13-201 - DefinitionsA. "Account year" means the period beginning on October 1 and ending on September 30 of each year.B. "A.R.S." means Arizona Revised Statutes.C. "Board" means the Arizona State Board of Investment.D. "Cash" means currency, bills and coin in circulation, or converting a negotiable instrument to cash by endorsing and presenting to a financial institution for deposit. An automatic transfer, cashier's check, certified check, money order, payroll deposit, traveler's check, personal check, and wire transfer will be treated as cash. Deposits will also be accepted by credit card.E. "Code" means the Internal Revenue Service Code of 1986, as amended, or the corresponding provision of any future United States Internal Revenue law. F. "Distributee" means the designated beneficiary or the account owner who receives or is treated as receiving a distribution from an account. If a distribution is made directly to the designated beneficiary or to an eligible educational institution for the benefit of the designated beneficiary, the designated beneficiary is the distributee. In all other circumstances, the account owner is the distributee.G. "Eligible educational institution" means an institution of higher education that qualifies under § 529 of the Code as an eligible educational institution.H. "Financial institution" means a financial institution as defined in A.R.S. § 15-1871(6).I. "Negotiable instrument" means negotiable instrument as defined in A.R.S. § 47-3104.J. "Qualified Tuition Program" means a qualified tuition program as defined in § 529 of the Code.K. "Treasurer" means the Office of the Arizona State Treasurer.Ariz. Admin. Code § R2-13-201
Amended by exempt rulemaking at 27 A.A.R. 1650, effective 9/28/2021.